Millicom International Cellular Stock Today

TIGO Stock  USD 26.40  0.11  0.42%   

Performance

0 of 100

 
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Odds Of Distress

Less than 41

 
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Below Average
Millicom International is selling at 26.40 as of the 25th of November 2024; that is 0.42% up since the beginning of the trading day. The stock's open price was 26.29. Millicom International has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Millicom International Cellular are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of February 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Telecommunication Services
IPO Date
28th of February 1994
Category
Communication Services
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company was founded in 1990 and is headquartered in Luxembourg. Millicom International is traded on NASDAQ Exchange in the United States. The company has 171.5 M outstanding shares of which 114.22 K shares are at this time shorted by private and institutional investors with about 1.49 trading days to cover. More on Millicom International Cellular

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Millicom Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Interim ChairmanMauricio Borrero
Business ConcentrationWireless Telecommunication Services, Telecommunication Services, Communication Services, NASDAQ Composite, Communication Services, Wireless Telecommunication Services, Telecom Services, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.340.39
Fairly Down
Slightly volatile
Gross Profit Margin0.530.389
Significantly Up
Pretty Stable
Net Debt7.3 BB
Sufficiently Up
Slightly volatile
Total Current Liabilities1.7 B2.3 B
Way Down
Very volatile
Non Current Liabilities Total9.2 B8.7 B
Sufficiently Up
Slightly volatile
Total Assets15.2 B14.5 B
Sufficiently Up
Slightly volatile
Total Current Assets1.5 B1.9 B
Way Down
Pretty Stable
Debt Levels
Millicom International can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Millicom International's financial leverage. It provides some insight into what part of Millicom International's total assets is financed by creditors.
Liquidity
Millicom International Cellular currently holds 7.74 B in liabilities with Debt to Equity (D/E) ratio of 2.18, implying the company greatly relies on financing operations through barrowing. Millicom International has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Millicom International's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

672.44 Million
Millicom International Cellular (TIGO) is traded on NASDAQ Exchange in USA. It is located in 2, Rue du Fort Bourbon, Luxembourg City, Luxembourg, 1249 and employs 15,000 people. Millicom International is listed under Wireless Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.53 B. Millicom International conducts business under Wireless Telecommunication Services sector and is part of Communication Services industry. The entity has 171.5 M outstanding shares of which 114.22 K shares are at this time shorted by private and institutional investors with about 1.49 trading days to cover. Millicom International Cellular currently holds about 776 M in cash with 1.29 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.54.
Check Millicom International Probability Of Bankruptcy
Ownership Allocation
Millicom International maintains a total of 171.5 Million outstanding shares. Roughly 93.47 % of Millicom International outstanding shares are held by general public with 1.7 pct. owned by insiders and only 4.83 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Millicom Ownership Details

Millicom Stock Institutional Holders

InstituionRecorded OnShares
Envestnet Asset Management Inc2024-09-30
111.6 K
Charles Schwab Investment Management Inc2024-09-30
108 K
T. Rowe Price Associates, Inc.2024-06-30
71.7 K
Greytown Advisors Inc.2024-06-30
49.1 K
Petrus Trust Company, Lta2024-06-30
47.4 K
Jane Street Group Llc2024-06-30
42.4 K
Optiver Holding B.v.2024-06-30
41.5 K
Royal Bank Of Canada2024-06-30
36 K
Rockefeller Capital Management L.p.2024-06-30
29.8 K
Brandes Investment Partners & Co2024-09-30
4.5 M
Gamco Investors, Inc. Et Al2024-09-30
858.3 K
View Millicom International Diagnostics

Millicom International Historical Income Statement

At this time, Millicom International's Minority Interest is very stable compared to the past year. As of the 25th of November 2024, Selling And Marketing Expenses is likely to grow to about 538.9 M, while Selling General Administrative is likely to drop about 549.6 M. View More Fundamentals

Millicom Stock Against Markets

Millicom International Corporate Management

When determining whether Millicom International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Millicom International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millicom International Cellular Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millicom International Cellular Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Millicom International Cellular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Wireless Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Millicom International. If investors know Millicom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Millicom International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
29.194
Earnings Share
0.92
Revenue Per Share
34.128
Quarterly Revenue Growth
0.005
Return On Assets
0.0499
The market value of Millicom International is measured differently than its book value, which is the value of Millicom that is recorded on the company's balance sheet. Investors also form their own opinion of Millicom International's value that differs from its market value or its book value, called intrinsic value, which is Millicom International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Millicom International's market value can be influenced by many factors that don't directly affect Millicom International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Millicom International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millicom International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Millicom International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.